SEACOR Marine Holdings (SMHI) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

SEACOR Marine Holdings

NYSE•Industrials•Marine Shipping

$8.59+0.08(0.01%)Pre-market

Market Cap

$240.38M

P/S

1.2x

P/B

1.0x

SEACOR Marine Holdings Inc. provides marine and support transportation services to offshore energy facilities worldwide. The company engages in the operation and management of a fleet of offshore support vessels that deliver cargo and personnel to offshore installations, including offshore wind farms; assisting in offshore operations for production and storage facilities; and carrying and launching of equipment used underwater in drilling and well installation, maintenance, inspection and repair. It also provides construction, well work-over, offshore wind farm installation and decommissioning support services; emergency response services; and accommodations for technicians and specialists. As of December 31, 2025, the Company operated a fleet of 44 support vessels, of which all were owned. It serves integrated national and international oil companies, independent oil and natural gas exploration and production companies, and oil field service and construction companies, as well as offshore wind farm operators and offshore wind farm installation and maintenance companies. SEACOR Marine Holdings Inc. was founded in 1989 and is headquartered in Houston, Texas.

How this company scores

WeakMetricSide Score: 33/100

Grade capped at D — Interest coverage below 1× (0.1x) — earnings cannot cover interest. Strongest: Profitability (10/25); weakest: Cash & Earnings Quality (5/25).

Profitability10/25

Growth9/25

Balance Sheet & Red Flags9/25

Cash & Earnings Quality5/25

Strengths

Profit converts from growthNo share dilution

Grade capped at D

Interest coverage below 1× (0.1x) — earnings cannot cover interest.

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 18.2x5y range 2.7x – 18.2x

P/S · 1.2x5y range 0.5x – 1.4x

Currently near its 20-quarter median.

P/B · 1.0x5y range 0.2x – 1.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 94.5% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Red Flag

Free cash flow has been negative in 7 of the last 8 quarters — earnings are not translating to cash.

Price & Volume

Market Cap $240.38M

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $208.49M
Q. Revenue: $57.25M
TTM EBITDA: $44.08M
TTM Op. Income: $3.03M
Q. Op. Income: $-1.40M
TTM Net Income: $-36.60M
Q. Net Income: $-9.46M
EPS: $-0.36
Shares Out.: $26.16M

$208.49M in TTM revenue declined 15.0% YoY, reaching $57.25M last quarter. TTM EBITDA of $44.08M and TTM operating income of $3.03M show growth is flowing through to the bottom line. However, net income is negative at $36.60M — growth is not yet reaching the bottom line. Across the last 8 quarters, TTM revenue has fallen for 7 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 33.1%
EBITDA Margin: 14.9%
Op. Margin: -2.4%
Net Margin: -16.5%

Op. margin of -2.4% is down 33.0% YoY — costs are rising relative to revenue. Net margin at -16.5% and gross margin of 33.1% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 108% — a weakening trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: N/A
P/S Ratio: 1.2x
P/B Ratio: 1.0x

P/S of 1.2x and P/B of 1.0x. P/S is low relative to typical market levels.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $616.51M
Cash: $41.92M
Long-Term Debt: $281.94M
Book Value: $244.14M
D/E Ratio: 1.2
Debt/EBITDA: 32.9

With $616.51M in assets and $281.94M in long-term debt, D/E is 1.2and book value is $244.14M — moderate leverage. Over the past year, debt/equity is up 3% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-3.15M
TTM Free Cash Flow: $-71.67M
FCF Margin: -34.4%
FCF / Net Income: 2.0

TTM FCF of $-71.67M on $-3.15M in operating cash flow. The FCF / Net Income ratio of 2.0x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 21% — an improving trend.